Cheers for the link but Im not convinced KIN fits the description and trying to avoid prejudice from shareholders is not a valid reason for the exemption.
What is ‘unreasonable prejudice’? We think a useful approach to considering whether the publication of information would result in unreasonable prejudice is to identify the adverse consequences that are likely to occur (i.e. the prejudice), and then consider whether these consequences are unreasonable. We suggest that the consequences would be unreasonable if, for example, disclosing the information is likely to give third parties (such as competitors, suppliers and buyers) a commercial advantage, resulting in a material disadvantage to the entity.